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harina [27]
2 years ago
9

A random sample of 30 colleges from kiplinger's list of the best values in private college provided the data shown in the datafi

le named bestprivatecolleges (kiplinger, october 2013). the variable named admit rate (%) shows the percentage of students that applied to the college and were admitted, and the variable named 4-yr grad. rate (%) shows the percentage of students that were admitted and graduated in four years.

Business
1 answer:
Illusion [34]2 years ago
8 0

Answer:

Explanation:

(a). plotting using Excel sheet, we have the picture uploaded below

(b) The sample correlation coefficient is also computed using Excel Correlation  function, given thus;

Admit Rate (%) 4-Year Grad Rate (%)

 44      73

 71      62

 29      89

 39      86

 66      55

 28      73

 54      63

 10      88

 26      84

 43      77

 76      71

 67      68

 6      86

 66      59

 81      66

 18       88

 31       71

 9       84

 15       86  

 8       88

 17        84

 56         62

 51         79  

 54         68

 75         50

 13         86

 40          70

 67          68

 41          47

 68          71

∴ The value of the sample Correlation Coefficient is = -0.76

This tell us that the two variables are moderately linear inverse correlated.

cheers i hope this helps.

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On June 1, 2018, Dirty Harry Co. borrowed cash by issuing a 6-month noninterest-bearing note with a maturity value of $480,000 a
Brrunno [24]

Answer:

Ans. the carrying value of the note as of September 30, 2018 is $404,006

Explanation:

Hi, the note was issued to mature in 6 months, and 4 months had passed, therefore there are still 2 months left for the note to mature, in other words, this works just as a non-coupon bond which you price in terms of its discount rate and the time remaining for this instrument to mature.

With that in mind, what we need to do is to find the time remaining for the bond to mature, so remember that it was issued on June,1 2018, and in order to facilitate our calculations, we say: "From June 1 to June 30, there is a month..." Now our date will match its maturity, so we just count months until September 30 and we found out that the result is 4 months, it means that this note has 2 months until it matures.

The formula to use is as follows.

Value(Sep.2018)=\frac{IssuingValue}{(1+Disc.Rate)^{n} }

Where n is the months to its maturity.

Everything should look like this:

Value(Sep.2018)=\frac{480,000}{(1+0.09)^{2} }=404,006

Best of luck.

6 0
2 years ago
A nursing facility has a gross income of $486,000, fixed expenses of $300,000, and variable expenses of $150,000. what is the ap
Tcecarenko [31]

Based on the information provided:

Gross income is $486,000

Fixed expenses: $300,000

Variable expenses: $150,000

To find the percentage of gross profit first figure out the difference between the gross income and expenses which is: $486,000 - $300,000 - $150,000 = $36,000 then divide the gross income by the profit 486,000/36,000 and the answer is 13.5%.

7 0
2 years ago
A On December 31, 2017, State Construction Inc. signs a contract with the state of West Virginia Department of Transportation to
larisa [96]

Answer:

2018: $78 million

2019: $468 million

2020: $234 million

Explanation:

Given that State Construction incurred costs as follows:

Year                         Cost

2018                         $60 million

2019                         $360 million

2020                        $180 million

Total cost = $60 million + $360 million + $180 million = $600 million

Percentage to total cost ratio is:

For 2018 = $60 million / $600 million = 0.1,

For 2019 = $360 million / $600 million = 0.6,

For 2020 = $180 million / $600 million = 0.3.

Revenue = Percentage to total cost ratio × Contract price.

Contract price = $780 million

For 2018, Revenue = 0.1 × $780 million = $78 million

For 2019, Revenue = 0.6 × $780 million = $468 million

For 2020, Revenue = 0.3 × $780 million = $234 million

3 0
2 years ago
After assessing the results from a recent customer survey, top managers at Gibraltar Corporation are convinced their firm is doi
vivado [14]

Answer:

Empowerment approach is a type of approach which empowers people to do their tasks and this way they feel more confident working for the company.

Here in this question, I think that empowerment approach can be a good way to improve the responsiveness of the company because this way, it will create a sense of security in amongst the workers and they will feels confident to respond to customer needs by themselves, which in turn will ultimately lead to quick responding to the customer needs by the company. So yes, i think the answer is TRUE.

Hope this clear things up. Thank You.

4 0
2 years ago
Read 2 more answers
Sigmund wrote four checks last month, and these were the only transactions for his checking account . Accourding to his register
GREYUIT [131]
The answer is $177.48
7 0
2 years ago
Read 2 more answers
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